Search

Zambia Hands Back Konkola Copper Mines to Vedanta, Eyes Major Production Boost

Allen dreyfus Logo
© Allen Dreyfus
  • President Hichilema ends years of dispute by returning Konkola Copper Mines (KCM) to Vedanta Resources
  • Vedanta commits to ramping up copper production to 300,000 tonnes annually within five years

Lusaka, Zambia – Zambia’s President Hakainde Hichilema has officially returned control of Konkola Copper Mines (KCM) to Indian mining giant Vedanta Resources, bringing an end to years of disputes between the Zambian government and the investor.

You need an active subscription to continue reading this article.

Recent Business

jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
Read More »
kofi-bhavnani-4c-k7vendbg-unsplash
Public anger mounts in Ghana over new fuel levy to tackle energy debt
Read More »

Recent Politics

jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
Read More »
kofi-bhavnani-4c-k7vendbg-unsplash
Public anger mounts in Ghana over new fuel levy to tackle energy debt
Read More »

Latest Posts

Latest news insights